Monthly Rent Report

Koreatown Rent Report — March 2024

Asking rents in ZIP 90006, Los Angeles, from 633 listings.

Median 1BR rent in Koreatown was $1,950 in March 2024, down 12.3% (−$273) from February 2024 and up 11.4% year-over-year. The middle half of 1BR listings asked between $1,850 and $2,086. That puts Koreatown $195 below the Los Angeles citywide 1BR median of $2,145. The month's figures are based on 633 listings across 12 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. February 2024Vs. March 2023P25–P75 RangeListings
Studio$1,300−$195 (-13.0%)−$195 (-13.0%)$1,300 – $1,3001
Studio$1,395−$100 (-6.7%)−$100 (-6.7%)$1,295 – $1,663163
1BR$1,950−$273 (-12.3%)+$200 (+11.4%)$1,850 – $2,0864
1BR$2,195−$28 (-1.3%)+$445 (+25.4%)$1,923 – $2,423213
2BR$2,268−$932 (-29.1%)−$461 (-16.9%)$2,268 – $2,2687
2BR$2,625−$575 (-18.0%)−$104 (-3.8%)$2,296 – $3,052122
3BR$1,845−$1,655 (-47.3%)−$1,955 (-51.4%)$1,845 – $1,8451
3BR$3,595+$95 (+2.7%)−$205 (-5.4%)$3,325 – $3,99534
4BR$3,680−$115 (-3.0%)−$545 (-12.9%)$1,400 – $4,10020
4BR$3,665−$130 (-3.4%)−$560 (-13.3%)$2,450 – $3,79519

Median, P25, and P75 are asking rents from listings posted in March 2024. Changes compare against the nearest prior month with data.

Koreatown vs. Los AngelesMarch 2024

BedroomsKoreatown MedianLos Angeles Citywide MedianDifference
Studio$1,300$1,723−$422 (-24.5%)
Studio$1,395$1,723−$327 (-19.0%)
1BR$1,950$2,145−$195 (-9.1%)
1BR$2,195$2,145+$50 (+2.3%)
2BR$2,268$2,850−$582 (-20.4%)
2BR$2,625$2,850−$225 (-7.9%)
3BR$1,845$3,762−$1,917 (-51.0%)
3BR$3,595$3,762−$167 (-4.4%)
4BR$3,680$4,950−$1,270 (-25.7%)
4BR$3,665$4,950−$1,285 (-26.0%)

Citywide figure is the median of zip-level medians across 134 Los Angeles zip codes with listings in March 2024.

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